The invention is on the one hand a power generating apparatus exploiting wind energy, comprising a body (10), a main rotor unit (12) comprising a front rotating part being fitted with front blades being adjustable at an angle, and a rear rotating part being fitted with rear blades adjustable at an angle, said front rotating part and rear rotating part have rotation axes aligned parallel to each other, preferably being coincident with each other, a blade adjustment unit being adapted for adjusting of the front blades and the rear blades to rotate in opposite directions, a cable (18) enabling kiting of the body (10), a generator unit adapted for generating electric power from rotation of the front rotating part and the rear rotating part, and a wire adapted for conducting electric power generated by the generator unit, and the main rotor unit (12) is arranged in an opening (11) of and coupled to the body (10), and the main rotor unit (12) comprises blades being turnable into a covering position covering at leas